flooding Archives - Page 4 of 8

CBOT May 2019 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Corn, soy up a bit on weather woes, trade hopes

By GFM Network News April 10, 2019

Chicago | Reuters — U.S. corn and soybean futures closed higher on Wednesday on light technical buying as a blizzard bore down on portions of the Plains and Midwest, threatening to delay plantings, analysts said. Wheat futures fell, recording a fifth straight lower close, as traders focused on plentiful world supplies. Chicago Board of Trade […] Read more

Emerging corn plants in Canada. (Sophie-Caron/iStock/Getty Images)

Corn, Crops, Weather

Feed weekly outlook: Corn acreage predicted to be flat

By GFM Network News April 4, 2019

MarketsFarm — Experts predict corn acreage will be flat in Western Canada in 2019. While flooding remains a concern to many this spring, years of dry summers have impacted soil conditions to the point where a wet spring may be a welcome reprieve. “I’m more concerned about how much moisture we will have gained because […] Read more

Crops, Markets, Reuters

U.S. grains: Soybeans bounce ahead of USDA data

By GFM Network News March 28, 2019

Chicago | Reuters — U.S. soybean futures inched higher on Thursday as traders covered shorts and squared positions a day after a steep drop to four-month lows and on the eve of U.S. government stocks and planting reports. Corn futures were flat as improving crop prospects in South America offset concerns about flooding in the […] Read more

The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Markets at mercy of weather

By GFM Network News March 27, 2019

MarketsFarm — Traders are bracing for more inclement weather to hit the U.S. Midwest, which in turn could rock commodities. Springtime floods and adverse weather have impacted the majority of the U.S. Plains and Midwest, and those regions expect another snow system before the end of March. Flooding may delay planting dates, causing farmers to […] Read more

Livestock, Markets, Reuters

U.S. livestock: Live cattle retreat on technical selling, fund liquidation

By GFM Network News March 26, 2019

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell for a third straight session on Tuesday on technical selling and fund long liquidation following the market’s recent climb to one-year highs, traders said. Open interest in live cattle futures was expected to be lower for a second straight session after hitting an all-time […] Read more

CBOT May 2019 wheat with Bollinger bands (20,2), a gauge of market volatility. (Barchart)

Crops, Markets, Reuters

U.S. grains: Wheat edges lower on profit-taking

By GFM Network News March 26, 2019

New York | Reuters — U.S. wheat futures inched lower on Tuesday as investors took profits after prices hit a one-month high on U.S. export optimism and adverse weather in the United States that threatened to delay sowing. Soybean and corn futures fell on technical selling. Chicago Board of Trade May wheat dropped 1/4 cent […] Read more

Crops, Reuters, Weather

ADM says U.S. floods to cut into Q1 operating profit

By Reuters, GFM Network News March 26, 2019

Chicago | Reuters — Flooding and severe winter weather in the U.S. Midwest will reduce Archer Daniels Midland’s first-quarter operating profit by US$50 million to $60 million, the U.S. grains trader said on Monday. Record floods have devastated a wide swath of the farm belt across Iowa, Nebraska, South Dakota and several other states. The […] Read more

File photo of a flooded North Dakota highway. (DLerick/E+/Getty Images)

Crops, Reuters, Weather

Heavy North Dakota snows threaten wheat seeding

By GFM Network News March 25, 2019

Chicago | Reuters — A blanket of heavy, wet snow covering most of North Dakota, the top U.S. wheat state, threatens to delay planting of spring wheat in another blow to a U.S. farm belt already facing billions of dollars in damage from flooding. Farmers from Missouri to South Dakota have seen their corn and […] Read more

Livestock, Reuters

VIDEO: Tractor operator saves cow trapped in mud after flood

By GFM Network News March 22, 2019

AccuWeather – Dubas Equipment in Nebraska shared this video of the careful efforts a tractor operator used with a front loader to save the life of a cow stuck in the mud after the state’s historic flooding. The video has since gone viral so Dubas has put together a “Nebraska Strong” t-shirt to sell with […] Read more

Crops, Markets, Reuters, Weather

Grain markets walled off from flood impacts by mountains of supplies

By GFM Network News March 22, 2019

Chicago | Reuters — A massive supply of grains has shielded the futures markets from the impact of flooding in the U.S. Midwest so far, with traders largely shrugging off this week’s reports of destroyed storage bins, swamped elevators and questions about if waters will recede in time for planting. The problem is grain glut […] Read more

Alberta crop conditions improve: report

U.S. grains: Corn sets contract lows on expectations for big US crop

U.S. livestock: Cattle strength continues

GFM Network News